Fortress Asia Macro Fund To Debut In March

Feb 10 2011 | 6:00am ET

Fortress Investment Group is set to christen its new Singapore office with a new hedge fund bringing its signature strategy to Asia.

The New York-based firm will launch its Fortress Asia Macro Fund next month, HFMWeek reports. The new fund will be managed by Adam Levinson, Fortress' global macro co-chief investment officer. Levinson recently moved to Singapore to set up the new office.

The Asia macro fund has been in the works for some time; Fortress said it would create such a fund when it announced Levinson's move in October.

The new fund will seek to profit from fundamental trends linked thematically to Asia, according to HFMWeek.

"The Asia region has long been a major focus of our liquid markets business, and we believe the region will continue to present attractive opportunities for us to leverage our global macro capabilities on our investors' behalf," Levinson said last year.


In Depth

PAAMCO: Will Inflation Deflate the Asset Bubble?

Jan 30 2018 | 9:49pm ET

As the U.S. shifts from monetary stimulus to fiscal stimulus, market pricing should...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Boost Hedge Fund Marketing ROI By Raising Your ROO

Feb 14 2018 | 9:57pm ET

Tasked with delivering returns on client capital, a common dilemma for many alternative...